VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) Sees Significant Drop in Short Interest

VanEck Moodys Analytics BBB Corporate Bond ETF (BATS:MBBB) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 498 shares, a decrease of 70.4% from the April 15th total of 1,682 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,070 shares, the short-interest ratio is currently 0.2 days.

VanEck Moodys Analytics BBB Corporate Bond ETF Stock Performance

Shares of MBBB stock opened at $21.35 on Friday. The company’s 50-day simple moving average is $21.43 and its two-hundred day simple moving average is $21.65. VanEck Moodys Analytics BBB Corporate Bond ETF has a one year low of $21.06 and a one year high of $22.12.

About VanEck Moodys Analytics BBB Corporate Bond ETF

The VanEck Moody’s Analytics BBB Corporate Bond ETF (MBBB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of BBB-rated corporate bonds issued in the US domestic market. MBBB was launched on Dec 1, 2020 and is managed by VanEck.